FSR: Tax Reform Should be Simple, Fair and Grow the Economy

The Big Six tax announcement reflects a commitment to delivering a simpler and fairer tax code that grows the economy and benefits more hardworking Americans.

FSR: Tax Reform Should be Simple, Fair and Grow the Economy

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FSR: Tax Reform Should be Simple, Fair and Grow the Economy

WASHINGTON – Growing the economy and passing tax reform should be a top priority for Congress. The framework unveiled today is a vital step in moving reform forward said the Financial Services Roundtable (FSR).

“The Big Six tax announcement reflects a commitment to delivering a simpler and fairer tax code that grows the economy and benefits more hardworking Americans,” said FSR CEO Tim Pawlenty. “As Congress puts pen to paper this fall, the financial industry looks forward to continuing to be a constructive partner in passing reform.”

FSR is committed to achieving a simpler tax code that provides tax relief for middle-income earners, reduces the burden on job creators, encourages more capital investment in the economy, and helps people to save for their retirement years.

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The Financial Services Roundtable represents the largest integrated financial services companies providing banking, insurance, payment and investment products and services to the American consumer. Member companies participate through the Chief Executive Officer and other senior executives nominated by the CEO. FSR member companies provide fuel for America’s economic engine, accounting for $92.7 trillion in managed assets, $1.2 trillion in revenue, and 2.3 million jobs.

FSR is reviewing the tax proposal outlined this week to ensure it increases economic opportunity, creates more good-paying jobs, incentivizes workers to save for retirement, and helps more Americans access important financial products and services.